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Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?

To: Bill Fletcher who wrote (14782)	6/26/1998 11:30:00 AM
From: Thomas Scharf	Read Replies (1) \| Respond to of 77400

A cautionary note: If the 12 month target is $105 and we are currently playing tag with $90, we are in dangerous territory. As a long time CSCO investor I have been through several gut-wrenching price corrections when a tiny piece of bad news came out when the price was too far ahead of itself. Lately I have taken to buying short term in-the-money PUTs a few weeks before earnings come out. This provides cheap insurance against another sudden 40-50% drop. I give up about 1% of value but gain lots of piece of mind.

To: Bill Fletcher who wrote (14782)	6/26/1998 12:28:00 PM
From: mauser96	Read Replies (1) \| Respond to of 77400

All.. Excellent article on Cisco vs. competitors at Microsoft Investor investor.msn.com

To: Bill Fletcher who wrote (14782)	6/26/1998 3:55:00 PM
From: Uncle Frank	Read Replies (4) \| Respond to of 77400

This stock is unbelievable; it reminds me of Microsoft's gravity defying rise last year. The p/e is insane, but I think csco may be immune from such mundane considerations right now. My problem is determining a buy in point. Can I get some opinions from this thread? My investment style is long term hold (unless fundamentals change). Frank